Civic Intelligence

Community Progress Incorporated

990 • Fiscal year 2017 • EIN 23-7076247

Oct 01, 2016 to Sep 30, 2017 • Filed on Feb 13, 2018

147 East Second StreetCorning, NY 14830

(607) 962-3506

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

83rd percentile

0.43x

Higher debt load relative to assets than 83% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

80th percentile

0.31x

Higher debt load relative to revenue than 80% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

68th percentile

12%

Higher net margin than 68% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

84th percentile

33%

Faster asset growth than 84% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

11th percentile

-26%

Faster revenue growth than 11% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Up

$453,417

Up $112,233 (+33%) from 2016

Net Assets

Up

$257,902

Up $78,337 (+44%) from 2016

Liabilities

Up

$195,515

Up $33,896 (+21%) from 2016

Revenue

Down

$639,474

Down $227,607 (-26%) from 2016

Expenses

Down

$561,137

Down $313,614 (-36%) from 2016

Net Income

Up

$78,337

Up $86,007 (+1121%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.0M$500K$0Assets 2014: $352,575Liabilities 2014: $49,157Net Assets 2014: $303,4182014Assets 2015: $189,846Liabilities 2015: $2,611Net Assets 2015: $187,2352015Assets 2016: $341,184Liabilities 2016: $161,619Net Assets 2016: $179,5652016Assets 2017: $453,417Liabilities 2017: $195,515Net Assets 2017: $257,9022017Assets 2018: $370,147Liabilities 2018: $119,946Net Assets 2018: $250,2012018Assets 2019: $319,326Liabilities 2019: $20,758Net Assets 2019: $298,5682019Assets 2020: $375,062Liabilities 2020: $43,999Net Assets 2020: $331,0632020Assets 2021: $616,260Liabilities 2021: $163,284Net Assets 2021: $452,9762021Assets 2022: $801,445Liabilities 2022: $374,246Net Assets 2022: $427,1992022

Highlighted filing

2017

Assets$453,417
Liabilities$195,515
Net Assets$257,902

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2014: $774,496Expenses 2014: $764,804Net Income 2014: $9,6922014Revenue 2015: $283,632Expenses 2015: $399,815Net Income 2015: -$116,1832015Revenue 2016: $867,081Expenses 2016: $874,751Net Income 2016: -$7,6702016Revenue 2017: $639,474Expenses 2017: $561,137Net Income 2017: $78,3372017Revenue 2018: $1,284,565Expenses 2018: $1,292,266Net Income 2018: -$7,7012018Revenue 2019: $629,343Expenses 2019: $580,976Net Income 2019: $48,3672019Revenue 2020: $683,755Expenses 2020: $651,260Net Income 2020: $32,4952020Revenue 2021: $982,050Expenses 2021: $860,137Net Income 2021: $121,9132021Revenue 2022: $711,969Expenses 2022: $737,746Net Income 2022: -$25,7772022

Highlighted filing

2017

Revenue$639,474
Expenses$561,137
Net Income$78,337
Jump To
Filing Snapshot
Filing Period
Oct 1, 2016 to Sep 30, 2017
Signed
Feb 13, 2018
Return Version
2016v3.0
Gross Receipts
$639,474
Mission and Program Overview

Mission

The organization is a community based, not-for-profit dedicated to assisting low-moderate income people and local municipalities with housing needs within the counties of chemung, schuyler, and steuben, in partnership with national, regional, and local organizations offering unique opportunities through: 1. Operation of housing rehabiliation programs to single, multiple and mixed-used dwellings and 2. Operation of business rehabilitation/development programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$244,629$390,623▲ $145,994
Land, Buildings, and Equipment, Net$17,310$21,072▲ $3,762
Savings and Temporary Cash Investments$18,599$18,633▲ $34
Accounts Receivable$55,000$18,295▼ $36,705
Prepaid Expenses and Deferred Charges$5,646$4,794▼ $852
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$341,184$453,417▲ $112,233
Other Assets Total-$0-
Liabilities
Deferred Revenue$147,434$187,500▲ $40,066
Accounts Payable and Accrued Expenses$14,185$8,015▼ $6,170
Total Liabilities$161,619$195,515▲ $33,896
Net Assets / Fund Balance
Unrestricted Net Assets$179,565$257,902▲ $78,337
Total Net Assets Fund Balance$179,565$257,902▲ $78,337
Total Liabilities and Net Assets / Fund Balance$341,184$453,417▲ $112,233

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$13,109$65,573$78,682
Buildings-$27,831$27,831
Equipment$6,963$2,286$9,249
Land$1,000-$1,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
Cathy WeilChair
David HuberVice Chair
Karen ChalkDirector
Robert ThompsonDirector
Amy BaxterSecretary
Helene FausoldTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$572,823
Program Service Revenue
$66,489
Investment Income
$162
Other Revenue
$0
All Other Contributions
$7,550
Change in Net Assets
$78,337

Audited Revenue Reconciliation

Revenue per Audited Statements
$639,474
Total Revenue per Audited Statements
$639,474
Total Revenue per Form 990
$639,474
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$373,982
Salaries, Compensation, and Employee Benefits$137,420
Other Expenses$49,735
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$373,982--$373,982
Current Officers, Directors, Trustees, and Key Employees$54,088$16,069-$70,157
Other Salaries and Wages$37,231$11,060-$48,291
Payroll Taxes$7,487$2,225-$9,712
Other Employee Benefits$6,178$1,836-$8,014
Fees for Services Accounting-$6,030-$6,030
Insurance-$5,517-$5,517
Travel-$4,301-$4,301
Office Expenses-$3,890-$3,890
Other Expenses$3,825$1,409-$3,825
Depreciation Depletion-$2,976-$2,976
Fees for Services Other-$2,295-$2,295
All Other Expenses$950$855-$1,805
Conferences and Meetings-$1,322-$1,322
Pension Plan Contributions$961$285-$1,246
Advertising$686--$686
Total Functional Expenses$487,888$73,249$0$561,137

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$561,137
Total Expenses per Audited Statements$561,137
Total Expenses per Form 990$561,137
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 7A: How Members or Shareholders Elect Governing Body

Members are elected by the current board of directors. Each member has a say and a vote on all issue

Form 990, Part VI, Line 7B: Describe Decisions of Governing Body Approval by Members or Shareholders

All material decisions related to the corporation's operations are reviewed and approved by the board of directors

Form 990, Part VI, Line 11B: Form 990 Review Process

The board reviews and approves the 990 before filing

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

The board does have a written policy and annually reviews any actual or potential board member conflicts

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Annual budgeting process includes approvals of salaries for all employees

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

990 available upon request at organization's office

Filing and Contact Details

Filer

Filer Name
Community Progress Inc
EIN
23-7076247
Phone
6079623506
Address
147 EAST SECOND STREET, CORNING, NY 14830

Signing Officer

Name
Cathy Weil
Title
Chairperson
Signed
2018-02-13
Discuss with paid preparer
Yes

Organization Details

Formed
1970
Legal Domicile
Ny
Voting Board Members
6
Independent Board Members
6
Employees
4

Preparer

Firm
Vieira & Associates CPAs PC
Address
111 Grant Ave Ste 106, Endicott, NY 13760
Preparer
Scott M Hotalen CPA
Phone
6077231272
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

The Organization has adopted the provisions of the Financial Standards Board (FASB) Accounting Standards Codification (ASC) No. 740, Income Taxes, as amended. Management has determined there were no liabilities for unrecognized tax benefits as a result of this implementation. Furthermore, management has estimated that there are no material unrecognized tax benefits for either the U.S. federal or New York State jurisdictions for which it would be subject to income tax as of September 30, 2016 and as such has not recognized any interest or penalties that have been related to these benefits, if applicable.

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IRS990/PayrollTaxesGrp/TotalAmt09712
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0285
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0961
IRS990/PensionPlanContributionsGrp/TotalAmt01246
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt05646
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04794
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0ADMINISTRATIVE INCOME
IRS990/ProgramServiceRevenueGrp/Desc1CONTRACTUAL REVENUE
IRS990/ProgramServiceRevenueGrp/Desc2HOMEOWNER DEPOSITS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt05243
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt155246
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt26000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt05243
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt155246
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt26000
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0783658
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0690748
IRS990/PYInvestmentIncomeAmt0177
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt051306
IRS990/PYProgramServiceRevenueAmt083246
IRS990/PYRevenuesLessExpensesAmt0-7670
IRS990/PYSalariesCompEmpBnftPaidAmt0132697
IRS990/PYTotalExpensesAmt0874751
IRS990/PYTotalRevenueAmt0867081
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IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt078337
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt018599
IRS990/SavingsAndTempCashInvstGrp/EOYAmt018633
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0572823
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0783658
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0165406
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0553280
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0957197
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03032364
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0162
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0177
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0167
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0218
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt042
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0766
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99970
IRS990ScheduleA/PublicSupportTotal170Amt03032364
IRS990ScheduleA/SubstantialContributorsTotAmt00
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0783658
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0553280
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0957197
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03032364
IRS990ScheduleA/TotalSupportAmt03033130
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt027831
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt027831
IRS990ScheduleD/EquipmentGrp/BookValueAmt06963
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02286
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt09249
IRS990ScheduleD/ExpensesSubtotalAmt0561137
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt01000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt013109
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt065573
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt078682
IRS990ScheduleD/RevenueSubtotalAmt0639474
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization has adopted the provisions of the Financial Standards Board (FASB) Accounting Standards Codification (ASC) No. 740, Income Taxes, as amended. Management has determined there were no liabilities for unrecognized tax benefits as a result of this implementation. Furthermore, management has estimated that there are no material unrecognized tax benefits for either the U.S. federal or New York State jurisdictions for which it would be subject to income tax as of September 30, 2016 and as such has not recognized any interest or penalties that have been related to these benefits, if applicable.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueLandBuildingsAmt021072
IRS990ScheduleD/TotalExpensesPerForm990Amt0561137
IRS990ScheduleD/TotalRevenuePerForm990Amt0639474
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0639474
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0561137
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0374467
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0HOUSING REHAB
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt051
IRS990ScheduleI/Total501c3OrgCnt00
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEMBERS ARE ELECTED BY THE CURRENT BOARD OF DIRECTORS. EACH MEMBER HAS A SAY AND A VOTE ON ALL ISSUE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL MATERIAL DECISIONS RELATED TO THE CORPORATION'S OPERATIONS ARE REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD REVIEWS AND APPROVES THE 990 BEFORE FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD DOES HAVE A WRITTEN POLICY AND ANNUALLY REVIEWS ANY ACTUAL OR POTENTIAL BOARD MEMBER CONFLICTS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ANNUAL BUDGETING PROCESS INCLUDES APPROVALS OF SALARIES FOR ALL EMPLOYEES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5990 AVAILABLE UPON REQUEST AT ORGANIZATION'S OFFICE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
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IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0341184
IRS990/TotalAssetsEOYAmt0453417
IRS990/TotalAssetsGrp/BOYAmt0341184
IRS990/TotalAssetsGrp/EOYAmt0453417
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0572823
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt073249
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0487888
IRS990/TotalFunctionalExpensesGrp/TotalAmt0561137
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0161619
IRS990/TotalLiabilitiesEOYAmt0195515
IRS990/TotalLiabilitiesGrp/BOYAmt0161619
IRS990/TotalLiabilitiesGrp/EOYAmt0195515
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0179565
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0257902
IRS990/TotalProgramServiceExpensesAmt0487888
IRS990/TotalProgramServiceRevenueAmt066489
IRS990/TotalRevenueGrp/ExclusionAmt0162
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0639474
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0341184
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0453417

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